Second Picasso for sale at Costco.com
A 1958 crayon drawing attributed to Pablo Picasso is up for sale -- at Costco.com. Price: $129,999.99.
It’s the second Picasso to be offered online by Costco since it began featuring fine art on consignment from dealers in March 2004. Costco’s first online Picasso, priced at $39,000, sold in January.
This piece, like the earlier one, was offered by art dealer Jim Tutwiler of Orlando, Fla., with authentication from Picasso’s daughter, Maya Picasso.
The two Picasso drawings are the most expensive fine art pieces offered at Costco.com, according to Costco spokesperson Liz Elsner. Other works for sale at the site Friday included a Modigliani color lithograph for $689.99 and a signed lithograph by Marc Chagall for $8,799.99.
Although some dealers might think that serious art buyers would hesitate to make a Costco purchase, Tutwiler disagrees: “I feel that Costco has the same membership demographic as any art gallery in the world.”
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Lynne Heffley
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